French hotel company will be the first Western group to manage a hotel in Iran since the country signed a nuclear deal

Nick Kostov

PARIS—French hotels group Accor SA said Tuesday it would become the first Western group to manage a hotel in Iran since the country signed a nuclear deal with world powers, as it looks to tap into a growing number of business travelers to the country.

AccorHotels will open an ibis hotel and a Novotel branch close to Tehran’s international airport in October, the company said, giving the budget-to-luxury lodgings company a foothold in a country of roughly 80 million inhabitants which is one of the world’s largest untapped tourist...